Thursday, December 9, 2010

CREE for longs

Someone asked my technical read on CREE, and while it seems a bit much, 50% revenue growth and a low bar set on earnings may fuel the technical potential of this stock. I have a read on both the monthly and the weekly charts, but its the monthly that gives this stock something to live for ;)

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Early winner/loser in 5g, Ericsson ERIC, Nokia NOK

I like to start collecting stock tickers for after the new year, stocks that have been beaten down and window dressed more than they deserve...